2018-6-23 13:00 |
What’s more important is that some of the banks might not be happy to give up those juicy margin fees.
As Brad Garlinghouse, CEO of Ripple, told Cointelegraph: We were from the beginning really looking at how we work with governments, how we work with banks.
Later, in July 2017, SWIFT’s test project added an additional 22 banks, including Commerzbank, Societe Generale and JPMorgan Chase Bank.
In the future, more banks might have to start dealing with competition interlinked with the new technologies, changing their traditional financial strategies.
Hacking and other operational risks are likely to occur.” More central banks have echoed this sentiment.
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